Tex. Occupations Code § 901.552: AMOUNT OF PENALTY.
Where this section sits in the code
- OCCUPATIONS CODE
- TITLE 5. REGULATION OF FINANCIAL AND LEGAL SERVICES
- SUBTITLE A. FINANCIAL SERVICES
- CHAPTER 901. ACCOUNTANTS
- SUBCHAPTER L. ADMINISTRATIVE PENALTY
(a) The amount of an administrative penalty may not exceed $100,000 for each violation.
(b) In determining the amount of the penalty, the board shall consider:
(1) the seriousness of the violation, including:
(A) the nature, circumstances, extent, and gravity of any prohibited act; and
(B) the hazard or potential hazard to the public;
(2) the economic damage to property caused by the violation;
(3) the history of previous violations;
(4) the amount necessary to deter a future violation;
(5) efforts to correct the violation; and
(6) any other matter that justice may require.
(c) The board by rule shall adopt a schedule for purposes of this subchapter that prescribes ranges in the amounts of administrative penalties to be imposed for specified types of conduct and circumstances.
Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999. Amended by Acts 2003, 78th Leg., ch. 525, Sec. 23, eff. Sept. 1, 2003.
Collected 2026-08-27T01:47:31Z. Source file · JSON